ANNOUNCEMENT 29 Mar 2014In March 2014, the government of Cuba announced altered domestic business conditions for foreign investors.
NUMBER OF INTERVENTIONS
Reuters, March 19, 2014, 'Cuba set to approve new foreign investment law': http://www.reuters.com/article/2014/03/19/cuba-reform-investment-idUSL2N0MG14H20140319
Gaceta Oficial de la Republica de Cuba, Ley de Inversi?n Extranjera (in Spanish): http://www.gacetaoficial.cu/html/leyinversionextranjera.html#DF
Affected trading partners: http://carleton.ca/economics/wp-content/uploads/cep02-04.pdf
On March 29, 2014, the National Assembly of People's Power of Cuba in an extraordinary session passed a new foreign investment law, replacing older regulations from 1982 and 1995. The new law strengthens guarantees to investors. Some of the most salient changes: